Last updated
Average Rent in East Grand Forks 56721 & Rent Trends
Rent prices and market trends across 1 apartment community in East Grand Forks 56721, East Grand Forks, MN. Updated daily.
Market Average
$690/mo
Lowest Available
$690/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
1
available now
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East Grand Forks 56721 vs East Grand Forks, MN Average
East Grand Forks 56721 is the same price as the East Grand Forks, MN average . The citywide average is $690/mo across all neighborhoods.
Is Rent Going Up or Down in East Grand Forks 56721?
As of October 2026, the average rent in East Grand Forks 56721 is $690 per month across 1 apartment community and 1 available units.
The most affordable option is Pederson Realty Apartments starting at $690/mo. By unit type, a 1-bedroom averages $690/mo.
Prices range from $690 to $690 per month. The most common price point is the $600 range, where 1 units are currently listed.
Rent by Bedroom Type in East Grand Forks 56721
Rent Prices by Apartment in East Grand Forks 56721
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Pederson Realty Apartments | $690/mo | $690/mo | 1 | 1.4 |
Frequently Asked Questions About Rent in East Grand Forks 56721
What is the average rent in East Grand Forks 56721?
Is rent going up or down in East Grand Forks 56721?
What is the cheapest apartment in East Grand Forks 56721?
How much is a 1-bedroom apartment in East Grand Forks 56721?
How many apartments are available in East Grand Forks 56721?
What salary do I need to live comfortably in East Grand Forks 56721?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$28,000/year
Based on the 30 percent rule, using our tracked average rent of $690/mo.
Comfortable income
$33,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
Median household income in East Grand Forks 56721 is $74,618 , about 125% above the comfortable-living threshold.
Cost of living in East Grand Forks 56721
Overall prices in East Grand Forks 56721 runs below the national average by about 14% (BEA Regional Price Parity index 85.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by East Grand Forks 56721's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $690 |
| Utilities | $248 |
| Groceries | $524 |
| Transportation | $591 |
| Healthcare | $288 |
| Other goods and services | $461 |
| Estimated total | $2,802/mo |
Population
9,067
Median household income
$74,618
Census median rent
$872/mo
Census rent burden
33.0%
Median age
34.0
Mean commute
16 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for East Grand Forks 56721 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
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